Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$129,552−4.7% YoY · prices are falling fast
Market right nowBuyer's marketMore homes for sale than last year, 20% have cut their price
Income needed to buy, per year$28,084About 0.6× the local median income ($50,210): affordable for a typical household
Days on market75 daysAbout the same pace as a year ago
The typical home in Grenada County, MS is worth $129,552, down 4.7% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $140,321, so the area is 7.7% undervalued. It is a buyer's market: homes take about 75 days to sell, listings are up 11% from a year ago, 20% of listings have had a price cut. A household needs about $28,084 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $50,210. In the latest IRS figures, 7 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$129,552
Change in 1 year
−4.7%
Overvalued %
−7.7%
Show 6 more
Fair home value
$140,321
Change in 5 years
+2.4%
Home value to income
2.6×
Monthly mortgage payment (20% down)
$702
Income needed to afford it
$28,084
Property tax rate
1.02%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$967
Market activity
Listings vs a year ago
+11.1%
Days on market
75
Listings with a price cut
20.0%
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Homes for sale
60
Pending sales per 100 listings
27
Asking price per sq ft
$112
People and jobs
Median household income
$50,210
Population change (1 year)
−0.2%
Unemployment rate
4.9%
Show 4 more
Population
20,868
Income adjusted for cost of living
$60,060
Net moves in (IRS)
+7
Cost of living (US = 100)
83.6
Schools, risk and environment
School rating (1 to 10)
8.3
FEMA hazard risk score (0 to 100)
55.4
Unhealthy air days a year
0
Show 4 more
Flood risk score
58.7
Wildfire risk score
49.1
Walkability (1 to 20)
6.1
Road, rail and air noise
54 dB
Questions people ask
Is Grenada County, MS overvalued?
Home prices in Grenada County, MS are slightly below what local incomes have historically supported: fair value is about $140,321, so the area is 7.7% undervalued.
Is Grenada County, MS a buyer's or seller's market?
Grenada County, MS is a buyer's market: homes take about 75 days to sell, listings are up 11% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Grenada County, MS?
Home values in Grenada County, MS are down 4.7% over the last year.
How much do you need to earn to buy a home in Grenada County, MS?
A household needs about $28,084 a year to afford the typical home in Grenada County, MS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $50,210.